China Pakistan Economic Corridor(CPEC) in recent months ; updates

China’s need to build a corridor to connect china with deep water ports of Pakistan dates back to 1955.The Silk Road Economic Belt and the 21st-century Maritime Silk Road, also known as The Belt and Road Initiative is a furtherance of that interest.Now its a part of china’s new development strategy and framework which was proposed by Chinese paramount leader Xi Jinping .

This project is focused on connectivity and cooperation among countries primarily between the People’s Republic of China and the rest of Eurasia.Share of investment of this project in Pakistan is of 51.5 billion USD. According to an estimate this project will create 700,000 new jobs in Pakistan and will add almost 2 to 2.5 points to GDP of Pakistan

Recent developments

Recently Fata representative arranged a sitting outside KPK Assembly on 28 September 2016. Protesters Professed that CPEC plan is modified and concentration of the plan is diverted to Punjab only. In response to the protest on 8 october 2016 Federal Minister for Planning, Development and Reform Ahsan Iqbal said No changes have been made in the route of the China-Pakistan Economic Corridor (CPEC).This has also been discussed in Senate assembly.

CECP is a very important project for the economy of our country .Whether developments take place in any part of our country, in aggregate,we all are going to benefit.we request electronic media to keep the nation update with the details of the project.The project is meeting the deadline yet and hopefully will keep doing well in future too.